ABS-CBN Corp, like erstwhile rival GMA Network, trace wider 9-month net loss to lack of pol ads
ABS-CBN Corp. on Wednesday posted a loss 78 percent wider in the first nine months this year that its executives attributed to the absence of political advertising. Erstwhile rival GMA Network similarly referenced the same for its own financial performance during the period.
Electric cooperatives draw loans worth P900M from NEA
The bulk of financial assistance extended by the National Electrification Administration (NEA) to electric cooperatives (ECs) as of end-October this year beefed up their capital structure.
World’s best tapped in Ph-Singapore data center construction
STT GDC Philippines has tapped First Balfour - Leighton Asia Joint Venture (FBLJV) as general contractor of the data center planned in Fairview, Quezon City also touted as the country's largest.
‘Bulk or 80 percent of Meralco charges are pass-through’
The Manila Electric Co. (Meralco) has rejected notions that its corporate behavior and practice rather than the broad economy as a whole are to blame for such conditions as the country's supposed inability to pull off large batches of foreign investments.
GMA Network profits fall 52 percent over nine months
GMA Network Inc. on Wednesday said its net income fell 52 percent in the first nine months when none of the expected political advertisements were forthcoming.
